| 企业社会责任与企业价值——组织惰性与行业敏感度的调节作用 |
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| 引用本文： | 陈晓易,王玉荣,杨震宁.企业社会责任与企业价值——组织惰性与行业敏感度的调节作用[J].技术经济,2020,39(7):140-146，158. |
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| 作者姓名： | 陈晓易 王玉荣 杨震宁 |
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| 作者单位： | 对外经济贸易大学 国际商学院,北京 100029;对外经济贸易大学 国际商学院,北京 100029;对外经济贸易大学 国际商学院,北京 100029 |
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| 基金项目： | 北京市社会科学基金项目“京津冀创新要素集聚对高新技术产业高端化的影响机制和路径研究”(17GLB027) |
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| 摘 要： | 以2012—2016年沪深两市A股上市公司的数据为依据,通过实证分析研究了企业社会责任对企业价值的影响,并从组织层面和行业层面的视角探讨了组织惰性和行业敏感度对该影响的调节作用。研究结果表明,企业社会责任对企业价值具有显著的促进作用;组织惰性减弱了企业社会责任对企业价值的促进作用;行业敏感度阻碍了企业通过履行社会责任进而提升企业价值的过程。
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| 关 键 词： | 企业社会责任 企业价值 组织惰性 行业敏感度 |
| 收稿时间： | 2019/12/23 0:00:00 |
| 修稿时间： | 2020/7/31 0:00:00 |
On the Garden of "Tianyi Pavilion" and the
Phenomenon of "One Rule with Many Models" |
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| Chen Xiaoyi,Wang Yurong and Yang Zhenning.On the Garden of "Tianyi Pavilion" and the
Phenomenon of "One Rule with Many Models"[J].Technology Economics,2020,39(7):140-146，158. |
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| Authors: | Chen Xiaoyi Wang Yurong and Yang Zhenning |
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| Institution: | University of International Business and Economics,University of International Business and Economics,University of International Business and Economics |
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| Abstract: | Using the data from Shanghai and Shenzhen A-share listed companies from 2012 to 2016, this study empirically investigates the impact of corporate social responsibility on firm value and discusses the moderating effects of organizational inertia and the sensitivity of industry from the perspective of organization and industry. The findings indicate that the influence of CSR on firm value is significantly positive. Moreover, firm size weakens the facilitating effect of CSR on firm value; industry sensitivity negatively moderates the process of enhancing firm value by taking corporate social responsibility. |
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| Keywords: | landscape architecture landscape history Tianyi
Pavilion traditional library garden imitative writing one rule with
many models |
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